Basic Materials -
Industrial Materials - NASDAQ - CA
$ 1.76
-3.83 %
$ 612 M
Market Cap
-7.04
P/E
1. INTRINSIC VALUE
Balance Sheet
TMC the metals company Inc.
| Current Assets | 5.33 M |
| Cash & Short-Term Investments | 3.48 M |
| Receivables | 249 K |
| Other Current Assets | 1.6 M |
| Non-Current Assets | 3.81 M |
| Long-Term Investments | 0 |
| PP&E | 3.81 M |
| Other Non-Current Assets | 0 |
| Current Liabilities | 11.8 M |
| Accounts Payable | 0 |
| Short-Term Debt | 11.8 M |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 68.3 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 68.3 M |
EFFICIENCY
Earnings Waterfall
TMC the metals company Inc.
| Revenue | 0 |
| Cost Of Revenue | 0 |
| Gross Profit | 0 |
| Operating Expenses | 30.6 M |
| Operating Income | 0 |
| Other Expenses | 81.9 M |
| Net Income | -81.9 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
TMC the metals company Inc.
| Net Income | -81.9 M |
| Depreciation & Amortization | 362 K |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 25.3 M |
| Change in Working Capital | 12.4 M |
| Others | 396 K |
| Free Cash Flow | -43.5 M |
Wall Street Analysts Price Targets
TMC the metals company Inc.
TMC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
TMC does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
TMC the metals company Inc.
Sold
0-3 MONTHS
600 K USD 2
3-6 MONTHS
343 K USD 3
6-9 MONTHS
0 USD 0
9-12 MONTHS
292 K USD 1
Bought
0 USD 0
0-3 MONTHS
21.9 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 weeks ago
Apr 01, 2025
|
Sell 586 K
USD
|
Shesky Craig
Chief Financial Officer
|
- 353702
|
1.6554 USD |
|
1 month ago
Mar 04, 2025
|
Sell 14.9 K
USD
|
May Brendan
Director
|
- 8916
|
1.67 USD |
|
3 months ago
Dec 30, 2024
|
Sell 241 K
USD
|
ILVES Erika
Chief Strategy Officer
|
- 217099
|
1.11 USD |
|
3 months ago
Dec 24, 2024
|
Bought
21.9 K USD
|
May Brendan
Director
|
+ 25000
|
0.8748 USD |
|
4 months ago
Nov 27, 2024
|
Sell 40.2 K
USD
|
Shesky Craig
Chief Financial Officer
|
- 47523
|
0.8456 USD |
|
5 months ago
Nov 19, 2024
|
Sell 61.5 K
USD
|
Hall Andrew
Director
|
- 66000
|
0.9324 USD |
|
10 months ago
May 29, 2024
|
Sell 38.4 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 25000
|
1.5358 USD |
|
10 months ago
May 30, 2024
|
Sell 37.3 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 25000
|
1.4915 USD |
|
10 months ago
May 31, 2024
|
Sell 74.1 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 50000
|
1.4822 USD |
|
11 months ago
May 21, 2024
|
Sell 69.7 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 50000
|
1.3948 USD |
|
10 months ago
May 22, 2024
|
Sell 35.1 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 25000
|
1.4044 USD |
|
10 months ago
May 23, 2024
|
Sell 37 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 25000
|
1.48 USD |
|
1 year ago
Mar 28, 2024
|
Sell 66.7 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 50000
|
1.3348 USD |
|
1 year ago
Sep 28, 2023
|
Sell 14.5 K
USD
|
Stone Gregory
Chief Ocean Scientist
|
- 14489
|
1.0026 USD |
|
1 year ago
Dec 04, 2023
|
Sell 29.1 K
USD
|
Stone Gregory
Chief Ocean Scientist
|
- 25000
|
1.1624 USD |
|
1 year ago
Dec 22, 2023
|
Sell 27.4 K
USD
|
Stone Gregory
Chief Ocean Scientist
|
- 25000
|
1.0957 USD |
|
1 year ago
Mar 22, 2024
|
Sell 376 K
USD
|
Shesky Craig
Chief Financial Officer
|
- 233424
|
1.6087 USD |
|
1 year ago
Nov 27, 2023
|
Sell 69 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 50000
|
1.38 USD |
|
1 year ago
Nov 27, 2023
|
Sell 39 K
USD
|
Shesky Craig
Chief Financial Officer
|
- 31057
|
1.2569 USD |
|
1 year ago
Nov 20, 2023
|
Sell 26.4 K
USD
|
Stone Gregory
Chief Ocean Scientist
|
- 25000
|
1.057 USD |
|
1 year ago
Sep 27, 2023
|
Sell 10.5 K
USD
|
Stone Gregory
Chief Ocean Scientist
|
- 10511
|
1.0011 USD |
|
1 year ago
Sep 26, 2023
|
Sell 142 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 140000
|
1.0152 USD |
|
1 year ago
Aug 14, 2023
|
Bought
24.5 M USD
|
Allseas Group S.A.
10 percent owner
|
+ 3500000
|
7 USD |
|
1 year ago
Aug 01, 2023
|
Bought
0 USD
|
Allseas Group S.A.
10 percent owner
|
+ 4150000
|
0 USD |
|
1 year ago
Aug 14, 2023
|
Bought
10.5 M USD
|
Allseas Group S.A.
10 percent owner
|
+ 3500000
|
3 USD |
|
1 year ago
Jun 08, 2023
|
Bought
3 M USD
|
Karkar Andrei
director, 10 percent owner:
|
+ 3997519
|
0.75 USD |
|
2 years ago
Mar 29, 2023
|
Sell 34.6 K
USD
|
Stone Gregory
Chief Ocean Scientist
|
- 47969
|
0.7211 USD |
|
2 years ago
Mar 30, 2023
|
Sell 39.5 K
USD
|
Stone Gregory
Chief Ocean Scientist
|
- 52031
|
0.7592 USD |
|
2 years ago
Mar 28, 2023
|
Sell 70 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 97393
|
0.7188 USD |
|
2 years ago
Mar 29, 2023
|
Sell 61.4 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 85170
|
0.7207 USD |
|
2 years ago
Mar 30, 2023
|
Sell 47.5 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 60660
|
0.7836 USD |
|
2 years ago
Mar 28, 2023
|
Sell 89.8 K
USD
|
Shesky Craig
Chief Financial Officer
|
- 125582
|
0.7147 USD |
|
2 years ago
Mar 28, 2023
|
Bought
25 K USD
|
Barron Gerard
Chief Executive Officer
|
+ 35000
|
0.7143 USD |
|
2 years ago
Dec 30, 2022
|
Bought
29.8 K USD
|
Barron Gerard
Chief Executive Officer
|
+ 42000
|
0.71 USD |
|
2 years ago
Nov 29, 2022
|
Sell 29.5 K
USD
|
Shesky Craig
Chief Financial Officer
|
- 36735
|
0.8019 USD |
|
2 years ago
Sep 30, 2022
|
Sell 52.9 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 50686
|
1.0429 USD |
|
2 years ago
Sep 19, 2022
|
Sell 60.9 K
USD
|
O'Sullivan Anthony
Chief Development Officer
|
- 50686
|
1.2013 USD |
|
2 years ago
Aug 12, 2022
|
Bought
5 M USD
|
ERAS Capital LLC
director:
|
+ 6250000
|
0.8 USD |
|
2 years ago
Aug 12, 2022
|
Bought
100 K USD
|
Barron Gerard
Chief Executive Officer
|
+ 103680
|
0.9645 USD |
|
2 years ago
Jun 29, 2022
|
Bought
25.2 K USD
|
Barron Gerard
Chief Executive Officer
|
+ 25000
|
1.01 USD |
|
3 years ago
Mar 30, 2022
|
Bought
1.02 M USD
|
ERAS Capital LLC
director:
|
+ 460000
|
2.21 USD |
|
3 years ago
Mar 30, 2022
|
Bought
50.4 K USD
|
Barron Gerard
Chief Executive Officer
|
+ 23000
|
2.19 USD |
|
3 years ago
Mar 30, 2022
|
Bought
59.7 K USD
|
Hall Andrew
director:
|
+ 28000
|
2.1326 USD |
|
3 years ago
Mar 30, 2022
|
Bought
27 K USD
|
Shesky Craig
Chief Financial Officer
|
+ 15000
|
1.7986 USD |
|
3 years ago
Dec 31, 2021
|
Bought
2.09 M USD
|
Karkar Andrei
director, 10 percent owner:
|
+ 1000000
|
2.09 USD |
|
3 years ago
Dec 24, 2021
|
Bought
1.5 M USD
|
Karkar Andrei
director, 10 percent owner:
|
+ 748957
|
2 USD |
|
3 years ago
Dec 24, 2021
|
Bought
16.3 M USD
|
Karkar Andrei
director, 10 percent owner:
|
+ 1414716
|
11.5 USD |
|
3 years ago
Dec 24, 2021
|
Bought
94.9 K USD
|
Barron Gerard
Chief Executive Officer
|
+ 47438
|
2 USD |
|
3 years ago
Dec 24, 2021
|
Bought
1.03 M USD
|
Barron Gerard
Chief Executive Officer
|
+ 89394
|
11.5 USD |
|
3 years ago
Nov 22, 2021
|
Bought
49.9 K USD
|
Barron Gerard
Chief Executive Officer
|
+ 15500
|
3.22 USD |
|
3 years ago
Sep 30, 2021
|
Bought
10 M USD
|
Karkar Andrei
director, 10 percent owner:
|
+ 2250110
|
4.4442 USD |
|
3 years ago
Sep 30, 2021
|
Bought
150 K USD
|
Barron Gerard
Chief Executive Officer
|
+ 34000
|
4.41 USD |
7. News
Seabed explorer lobbies Trump to mine the Pacific for critical metals
The Metals Company (NASDAQ:TMC) has asked the Trump Administration for approval to mine the Pacific Ocean seabed for critical metals, bypassing a United Nations-backed process that governs international waters. According to Bloomberg, the firm, already licensed by the International Seabed Authority (ISA), is now seeking US backing via a pre-application with the National Oceanic and Atmospheric Administration.
proactiveinvestors.co.uk
- 3 weeks ago
TMC the metals company Inc. (TMC) Q4 2024 Earnings Call Transcript
TMC the metals company Inc. (NASDAQ:TMC ) Q4 2024 Results Conference Call March 27, 2025 4:30 PM ET Company Participants Craig Shesky - Chief Financial Officer Gerard Barron - Chairman & Chief Executive Officer Conference Call Participants Matthew O'Keefe - Cantor Fitzgerald Jake Sekelsky - Alliance Global Partners Dmitry Silversteyn - Water Tower Research Operator Good day, and thank you for standing by. Welcome to The Metals Company Fourth Quarter 2024 Corporate Update Conference Call.
seekingalpha.com
- 3 weeks ago
TMC Announces Fourth Quarter and Full Year 2024 Results
NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of the world's largest undeveloped resource of critical metals for building infrastructure, power generation, transmission, and batteries, today provided a corporate update and fourth quarter and full year financial results for the period ended December 31, 2024.
globenewswire.com
- 3 weeks ago
The Metals Company to Apply for Permits under Existing U.S. Mining Code for Deep-Sea Minerals in the High Seas in Second Quarter of 2025
NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest undeveloped resource of critical metals for building infrastructure, power generation, transmission, and batteries, today announced that its subsidiary The Metals Company USA LLC (“TMC USA”) has formally initiated a process with NOAA under the U.S. Department of Commerce to apply for exploration licenses and commercial recovery permits under existing U.S. legislation, the Deep Seabed Hard Mineral Resources Act of 1980 (DSHMRA).
globenewswire.com
- 3 weeks ago
The Metals Company Announces Fourth Quarter and Full Year 2024 Corporate Update Conference Call for Thursday, March 27, 2025
NEW YORK, March 21, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest undeveloped resource of critical metals for building infrastructure, power generation, transmission, and batteries, today announced that it will host a conference call on Thursday, March 27, 2025, to provide an update on fourth quarter and full year 2024 financial results and recent corporate developments.
globenewswire.com
- 1 month ago
Wabash Showcases Industry-Leading Innovation and Expanded Services at TMC 2025
LAFAYETTE, Ind., March 10, 2025 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), a leader in end-to-end supply chain solutions for the transportation, logistics and infrastructure markets, will showcase how its bold transformation in recent years is reshaping what fleets can expect from an OEM partner at TMC 2025, March 10–13 in Nashville. This year's exhibit highlights how Wabash is helping customers tackle today's most pressing operational challenges—merging physical and digital technologies with services and solutions that drive efficiency, flexibility and stronger business outcomes.
globenewswire.com
- 1 month ago
World First: TMC and PAMCO Achieve a New Nodule Processing Milestone, Unlocking Critical Energy & Steelmaking Materials at Existing Facilities
NEW YORK, Feb. 18, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest undeveloped resource of critical battery metals, today announced that it had successfully produced a high-grade nickel-copper-cobalt alloy and manganese silicate during a smelting campaign, run as part of the 18-month feasibility program designed to process a 2,000-tonne sample of deep-seafloor polymetallic nodules at its partner PAMCO's Rotary Kiln Electric-Arc Furnace (RKEF) operating facility in Hachinohe, Japan.
globenewswire.com
- 2 months ago
TMC the metals company: Still Speculative, But Cautiously Optimistic
The Metals Company's stock surged 93% recently due to optimism about potential commercial operations under the new US administration, despite a deteriorating financial position. The new US administration's support for deep-sea mining could enable TMC to start scaling commercially, but the company urgently needs cash. TMC's financials show a significant decline, with a sharp increase in short-term payables and a reduction in cash burn from operations.
seekingalpha.com
- 2 months ago
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in TMC the metals company Inc. of Class Action Lawsuit and Upcoming Deadlines - TMC
NEW YORK, NY / ACCESSWIRE / January 10, 2025 / Pomerantz LLP announces that a class action lawsuit has been filed against TMC the metals company Inc. ("TMC" or the "Company") (NASDAQ:TMC) and certain officers. The class action, filed in the United States District Court for the Central District Of California, and docketed under 24-cv-09684 is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired TMC securities between May 12, 2023 and March 25, 2024, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
accesswire.com
- 3 months ago
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in TMC the metals company Inc. of Class Action Lawsuit and Upcoming Deadlines - TMC
NEW YORK , Jan. 8, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against TMC the metals company Inc. ("TMC" or the "Company") (NASDAQ: TMC) and certain officers. The class action, filed in the United States District Court for the Central District Of California, and docketed under 24-cv-09684 is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired TMC securities between May 12, 2023 and March 25, 2024, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
prnewswire.com
- 3 months ago
FINAL REMINDER TMC DEADLINE: Bronstein, Gewirtz & Grossman LLC Alerts TMC the metals company Inc. Investors to Participate in the Class Action Lawsuit
NEW YORK CITY, NY / ACCESSWIRE / January 7, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against TMC the metals company Inc. ("TMC" or "the Company") (NASDAQ:TMC) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired TMC securities between May 12, 2023 and March 25, 2024 inclusive (the "Class Period").
accesswire.com
- 3 months ago
TMC Investors Have Opportunity to Lead TMC the metals company Inc. Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES , Jan. 6, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against TMC the metals company Inc. ("TMC" or "the Company") (NASDAQ: TMC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between May 12, 2023 and March 25, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before January 7, 2025.
prnewswire.com
- 3 months ago
8. Profile
Summary
TMC the metals company Inc. TMC
COUNTRY
CA
INDUSTRY
Industrial Materials
MARKET CAP
$ 612 M
Dividend Yield
0.00%
Description
TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. The company primarily explores for nickel, cobalt, copper, and manganese products. TMC the metals company Inc., through its subsidiaries, holds exploration rights in three polymetallic nodule contract areas in the CCZ of the Pacific Ocean. Its products are used in electric vehicles (EV), renewable energy storage markets, EV wiring, clean energy transmission, manganese alloy production required for steel production, and other applications. The company was formerly known as Sustainable Opportunities Acquisition Corporation and changed its name to TMC the metals company Inc. TMC the metals company Inc. was incorporated in 2019 and is based in Vancouver, Canada.
Contact
595 Howe Street, Vancouver, BC, V6C 2T5
https://metals.co
IPO
Date
Sept. 10, 2021
Employees
47
Officers
Mr. Gerard Barron
Chief Executive Officer & Chairman of the Board
Mr. Anthony O'Sullivan B.Sc., M.Sc.
Chief Development Officer
Ms. Erika Ilves
Chief Strategy Officer
Mr. Ryan Coombes
General Counsel & Corporate Secretary
Mr. Claude Plourde
Chief Accounting Officer
Dr. Gregory S. Stone Ph.D.
Chief Ocean Scientist
Mr. Craig Shesky
Chief Financial Officer
Mr. Andy Jones
Chief Technology Officer
Mr. Dan Porras
Head Of Communications & Brand
Ms. Erica Ocampo
Chief Sustainability Officer